Commerce Studies study the factors that influence economic behavior in individuals and organizations. The course provides students with the skills and information they need to comprehend and solve significant business challenges; make a difference in society, policy, and organizations; and pave the way for a global career.
Commerce courses are available in Accounting, Economics, Finance, Management, Marketing, Business Analytics, Business Administration, etc.
You can even decide to do a double major, combining any two of these sub-disciplines. In the UK, various top universities offer these courses at the undergraduate level, master’s level, and Ph.D. level.
A degree in these fields can lead to employment in actuarial science, business, economics, finance, management, and marketing.
A degree in commerce can lead to a career in various professional associations, including banking, insurance, capital markets, investment firms, corporate sectors, businesses, government agencies, and many more, depending on your major(s).
Global ranking of some of the top universities in the UK for Commerce courses
Various Commerce courses are available at several reputable universities in the UK. The leading UK universities in the subject are listed below, based on QS Rankings 2022 by subject "business and management studies."
|
Ranking |
Universities/Colleges |
Location |
|
3 |
London Business School |
London, United Kingdom |
|
8 |
University of Cambridge |
Cambridge, United Kingdom |
|
9 |
University of Oxford |
Oxford, United Kingdom |
|
11 |
The London School of Economics and Political Science (LSE) |
London, United Kingdom |
|
21 |
The University of Warwick |
Coventry, United Kingdom |
|
25 |
Imperial College London |
London, United Kingdom |
|
32 |
The University of Manchester |
Manchester, United Kingdom |
|
60 |
City, University of London |
London, United Kingdom |
|
70 |
Lancaster University |
Lancaster,, United Kingdom |
|
70 |
University of Leeds |
Leeds, United Kingdom |
|
83 |
University of Bath |
Bath, United Kingdom |
|
95 |
Oxford Brookes University |
Oxford, United Kingdom |
|
99 |
UCL |
London, United Kingdom |
|
102 |
King's College London |
London, United Kingdom |
|
105 |
Aston University |
Birmingham, United Kingdom |
|
110 |
Cranfield University |
Bedford, United Kingdom |
|
113 |
University of Strathclyde |
Glasgow, United Kingdom |
|
115 |
Durham University |
Durham, United Kingdom |
|
116 |
University of Birmingham |
Birmingham, United Kingdom |
|
117 |
The University of Edinburgh |
Edinburgh, United Kingdom |
|
129 |
University of Nottingham |
Nottingham, United Kingdom |
|
131 |
Loughborough University |
Loughborough, United Kingdom |
|
136 |
Cardiff University |
Cardiff, United Kingdom |
|
147 |
University of Glasgow |
Glasgow, United Kingdom |
Programs for Bachelors in Commerce with tuition fees in the UK
The table below lists some UK universities and colleges that offer a bachelor's program in commerce or a similar discipline and the tuition rates for international students.
|
Universities/Colleges |
Courses |
Tuition fees per annum (International) |
|
The University of Cambridge |
BA Economics |
£24,507 |
|
The University of Oxford |
BA in Economics and Management |
£37,280 |
|
The London School of Economics and Political Science (LSE) |
BSc Management |
£24,264 |
|
The University of Warwick |
BSc Accounting & Finance |
£28,410 |
|
Imperial College London |
BSc Economics, Finance and Data Science |
£36,700 |
|
The University of Manchester |
BSc Management (International Business Economics) |
N/A |
|
City, the University of London |
Business Management BSc (Hons) |
£22,000 |
|
Lancaster University |
Accounting and Management BSc Hons |
£22,650 |
|
University of Leeds |
Business Management with Marketing BA |
£24,000 |
Academic Requirements
- An undergraduate degree requires a minimum of 60% at the intermediate level/ +2.
English Test Scores
- IELTS: A minimum score of 6.5 and a minimum of 6.0 in all elements.
- TOEFL iBT: A minimum overall score of 87.
- PTE: An overall score of 58.
Programs for Masters in Commerce with tuition fees in the UK
The table below lists the top universities in the UK that offer a postgraduate taught program in Commerce or a closely related field.
|
Universities/Colleges |
Courses |
Tuition fees per annum (International) |
|
London Business School |
Masters in Finance |
£52,200 |
|
University of Cambridge |
Master of Business Administration (MBA) |
£64,000 |
|
The University of Oxford |
M.Sc. in Economics for Development |
£32,760 |
|
The London School of Economics and Political Science (LSE) |
M.Sc. Economics and Management |
£33,504 |
|
The University of Warwick |
M.Sc. Accounting & Finance |
£38,000 |
|
Imperial College London |
Master of Business Administration (MBA) |
£61,500 |
|
The University of Manchester |
M.Sc. Business Analysis and Strategic Management |
£26,000 |
|
City, University of London |
Master of Business Administration (MBA) |
£48,000 |
|
Lancaster University |
Accounting and Financial Management M.Sc. |
£26,500 |
|
University of Leeds |
Accounting and Finance M.Sc. |
£31,500 |
Academic Requirements
- A 4-year undergraduate degree in subjects like Business, Finance, Accounting, Economics, or related subjects from an accredited institution.
- A minimum GPA equivalent to an upper second class (2:1) honors degree on the UK scale.
- A GRE/GMAT score if asked.
- Some universities ask for a two-year work experience before starting MBA courses.
English Test Scores
- IELTS: A minimum score of 6.5 and a minimum of 6.0 in reading and writing.
- TOEFL iBT: A minimum overall score of 94.
- PTE: An overall score of 70.
Programs for Ph.D. in Commerce with tuition fees in the UK
The table below lists the top universities in the UK that offer a postgraduate research program in Commerce or a closely related field.
|
Universities/Colleges |
Courses |
Tuition fees per annum (International) |
|
London Business School |
Ph.D. in Finance |
Fully funded |
|
University of Cambridge |
Doctor of Business |
£80,000 |
|
The University of Oxford |
D.Phil. in Economics |
£24,800, |
|
The London School of Economics and Political Science (LSE) |
Ph.D. in Economics and Management |
£21,768 |
|
The University of Warwick |
Ph.D. Business & Management |
Fully funded |
|
Imperial College London |
Ph.D. in Innovation & Entrepreneurship |
Fully funded |
|
The University of Manchester |
Ph.D. Business and Management |
£20,000 |
|
City, the University of London |
Ph.D. in Management |
£12,000 |
|
Lancaster University |
Accounting and Finance Ph.D. |
£19,520 |
Academic Requirements
- A relevant bachelor’s degree from an accredited university with GPA score equivalent to an upper second class (2:1) honors degree on the UK scale.
- A relevant Masters's degree with a minimum of 65% overall.
- GRE/GMAT score may be required.
- Some universities ask for professional experience in addition to a bachelor’s/masters degree.
English Test Scores
- IELTS: Overall minimum score of 7.0 with a minimum of 6.5 in each element.
- TOEFL iBT: A minimum overall score of 100 with a minimum of 22 in each subtest.
- PTE: An overall score of 70.
Top Commerce Universities in the UK: Scholarships
Some of the scholarships offered to international students at universities in the UK are listed below.
|
Universities/Colleges |
Scholarship |
Amount |
|
London Business School |
Masters in Finance Alumni Scholarship |
Up to 50% of tuition fees |
|
Out in Business MBA/MiF Scholarship |
Up to £15,000 |
|
|
University of Cambridge |
The Boustany Foundation MBA Scholarship |
75% of tuition fees |
|
The Cambridge MBA Scholarship for Entrepreneurs |
Up to £15,000 |
|
|
Imperial College London |
Sanctuary Scholarships |
Tuition fees in full and a monthly stipend for living costs of £16,500 p.a. |
|
The Anne Seagrim Accommodation Scholarship |
£10,000 |
|
|
The University of Manchester |
The Manchester International Excellence scholarships |
£6,000 |
|
City, University of London |
President's International Scholarship |
£9,000 |
|
The Sekforde Scholarships |
£12,000 |
|
|
Lancaster University |
Lancaster Global Scholarship |
Varies |
|
Lancaster Scholarship |
£1,000 |
Top Commerce Universities in the UK: Career and Job Scope
Graduates of commerce programs are in high demand worldwide. In addition to new start-up businesses in tech industries and traditional international organizations, career possibilities are also available in banking, insurance, capital markets, investment firms, corporate sectors, government agencies, and many more.
Job Titles
- Account executive
- Accountant
- Actuary
- Brand manager
- Business analyst
- Consultant
- Customer experience expert
- Customer insights analyst
- Digital marketing manager
- HR Executive
- Researcher
- Sustainability analyst
- Social media manager
- Supply chain manager
- Startup founder
Top Recruiters
- PricewaterhouseCoopers.
- Accenture.
- IBM UK.
- Fujitsu.
- eBay.
- Samsung.
- UBA.
- JP Morgan.
|
Job Title |
Range |
Average |
|
Accountant |
£25k - £50k |
£35,242 |
|
Supply Chain Manager |
£27k - £54k |
£38,390 |
|
Strategy Consultant |
£26k - £53k |
£35,996 |
|
Senior Web Designer |
£30k - £49k |
£38,513 |
|
Senior Auditor |
£32k - £50k |
£41,293 |
|
Senior Associate - Investment Banking |
£37k - £73k |
£51,719 |
|
Senior Account Manager |
£40k - £77k |
£55,635 |
|
Project Manager |
£24k - £41k |
£31,008 |
|
Marketing Operations Manager |
£24k - £45k |
£33,188 |
|
Marketing Executive |
£21k - £34k |
£26,586 |
|
Manager of Accounting & Financial Reporting |
£32k - £57k |
£41,779 |
|
Inside Sales Representative |
£19k - £34k |
£25,282 |
